Image default
FeaturedTechnology

Hayo Launches National Mobile Registry Platform to Boost Digital Tax Revenues for Emerging Market Governments

Hayo, a global innovator in digital solutions, has launched its National Mobile Registry (NMR) platform to help governments in emerging markets to regulate imports and ensure a controlled entry process for mobile devices. The solution identifies and addresses illegal imports, facilitating tax enforcement and boosting tax revenue. This helps governments to bring their national mobile ecosystems under control and implement systems that enhance compliance, protect citizens, and unlock sustainable public revenue.

 

Based on the latest available data, OECD reports that counterfeit goods accounted for an estimated $467 billion in global trade in 2021, with electronics including mobile devices among some of the top targets. Once deployed, Hayo’s NMR platform sits in the middle of governments and mobile operators to accurately monitor mobile devices and digital taxation requirements.

 

“Our National Mobile Registry platform enables governments to improve visibility across their country’s mobile ecosystem, capturing new revenue, and ultimately creating a safer and fairer digital landscape,” said Feraz Ahmed, CEO at Hayo. “It enables governments to increase fiscal income, which can be reinvested into local digital economies to benefit citizens, strengthen public services, drive innovation, and support inclusive economic growth. Governments in emerging markets have a massive opportunity in collaborating with mobile operators and using platforms to combat fraud and counterfeit devices.”

 

Hayo’s NMR platform also aids governments in identifying false device prices, preventing fraud and eliminating counterfeit devices. It monitors and enhances control over imports and tax collection, leading to increased revenue that can be reinvested into local communities. The system is designed for end-to-end automation, with fully configurable options to comply with specific government or authority rules and regulations.

 

“Every counterfeit device that slips through the cracks represents lost revenue, reduced safety, and a missed opportunity to reinvest in national priorities,” said Ahmed. “By giving governments real-time visibility into what’s entering the country, our NMR platform helps to shut down grey market channels while protecting the entire value chain. We’re well positioned to help government officials and regulators identify challenges and opportunities, then take action to meet their digital goals. With more than three decades of experience, we’re excited to consult and share our recommendations.”

 

Hayo’s NMR solution architecture contains a device map powered by GSMA, a legal framework for importation within the platform, and registration of personal devices. It is ITU-T compliant and aligned with ITU recommendations addressing counterfeit, stolen, illegal and non-compliant mobile devices, with end-to-end system functionality.

Related posts

Adaptive Recognition Attends Intersec 2024 to Support Partner SSK and Showcase Latest Innovations

admin

Gallagher Security builds momentum for an exciting year of new product releases ahead of The Security Event 2025

Editor_Security

Securing healthcare facilities

admin

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More